Surrey, Cloverdale, and Langley Housing Market Update - Apr. 2, 2023
Posted on Apr 02, 2023
Here is your weekly market update for Surrey, Cloverdale, and Langley.
This week in real estate have been similar to previous weeks. New listings coming to the market are at a considerably lower pace than the amount of sales that are happening. To put that into context, lets quickly compare March to February.
Listings went up which is great but it on...
Surrey, Cloverdale, and Langley Housing Market Update - Mar. 26. 2023
Posted on Mar 26, 2023
The numbers this week were all over the place. Condos and townhouses saw a big jump in new listings in Surrey and Cloverdale while in Langley it was actually a slow week.
For single family homes, Surrey and Langley had the same numbers for new listings last week whereas Cloverdale had 14 last week and just 7 this week.
Now when it comes to sales, the...
Surrey, Cloverdale, and Langley Housing Market Update - Mar. 19. 2023
Posted on Mar 19, 2023
New listings this week are up! It is great to see that. Two sectors specifically saw a big boost: single family homes in Surrey and townhomes in Langley where new listings almost doubled.
Now for sales, Surrey seems to be the popular location so far. Their townhome and condo sales have doubled Langley sales and tripled Cloverdale sales. For single f...
3 Benefits of a Long-Term Rental
Posted on Mar 15, 2023
Investing in real estate is a great way to develop your wealth and financial future. As a real estate investment, long-term rentals have three key benefits that make them great for first-time investors.
1. Rental property values tend to rise with or beat inflation. This is key to any investment – you need to make sure that you get out what you put i...
Surrey, Cloverdale, and Langley Housing Market Update - Mar. 12. 2023
Posted on Mar 12, 2023
Listings and sales are down across the board. So far in March not many sales have been reported so far. Just 1 townhome sold in Surrey and 1 condo in Langley. I am sure we will see these numbers rise as we get further into March. To put this into perspective, sales in March 2022 were 766 halfway through the month and so far we only have 368 sales f...
February 2023 Fraser Valley Housing Market Update
Posted on Mar 07, 2023
The number of homes sold almost doubled in February in comparison to January. We noticed that trend in our weekly market updates. We think this happened because people are more comfortable with the market conditions as it offered some level of stability in comparison to the highs and lows of last year.
New listings were up by 5.7% while active listi...